Background*

Mr. Lloyd C. Blankfein has been the Chairman and Chief Executive Officer at The Goldman Sachs Group, Inc. since June 2006. Mr. Blankfein serves as the Managing Director at Goldman Sachs Asset Management, L.P. Mr. Blankfein served as the President and Chief Operating Officer of Goldman Sachs Group Inc. since January 2004. From April 2002 to January 2004, he served as a Vice Chairman of Goldman Sachs, with management responsibility for Goldman Sachs’ Fixed Income, Currency ... and Commodities Division (FICC) and Equities Division (Equities). He served as a Co-Head of FICC since its formation in 1997. From 1994 to 1997, he headed or co-headed the Currency and Commodities Division. He serves as a Director of The Partnership For New York City, Inc. He has been a Director of Goldman Sachs Group Inc. since April 2003. Mr. Blankfein is affiliated with certain non-profit organizations, including as a member of the Dean’s Advisory Board at Harvard Law School, the Harvard University Committee on University Resources and the Advisory Board of the Tsinghua University School of Economics and Management, an overseer of the Weill Medical College of Cornell University, and a co-chairman of the Partnership for New York City.

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